"SpiceJet has paid a part payment of Rs 25 crore to the Airports Authority of India towards the dues it had accumulated due to the cash crunch last year," sources told Media here on Wednesday. The AAI received the part payment of around Rs 300 crore dues yesterday, they said.
SpiceJet said Wilmington Trust SP Services (Dublin) Ltd had agreed to withdraw the process of deregistering the aircraft, subject to SpiceJet satisfying the terms of the settlement, according to a company statement to the stock exchange on Monday.
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